Although I disagree with Carl Icahn's threats, I understand and appreciate his actions since Michael Dell's offer
looks like he's trying to steal his namesake. Let's face it, Dell has almost $15B stashed away offshore. They've
bought back their own shares for more than $25/share recently and think selling the company to Michael Dell
for $13.65 is fair after spending over $7B in the last 5 years for enterprise upgrades. Get a life.

Michael Dell and the Board of Directors work for us the shareholders. It is their fiduciary responsibility to protect
us, NOT rape us. Treat us fairly.

What is fair?

Do not accept the offer, but instead declare a quarterly dividend of $.25 or $1 annually.By doing this the value
of the shares will gravitate to $20 - $30, shareholders will be happy, Michael Dell will be able to perform his
vision with more diversification and the company will not be burdened with excessive debt ie $9B special
dividend as Carl proposes. Dell can afford this.

So. go for it.

2:57 pm March 9, 2013

Thomas One wrote :

I have sold almost all my DELL positions but have held a small sliver for the potential upside created by Icahn. Icahn, Einhorn Ackman and similar have overnight become champions of the retail shareholder. Almost in every case, board and management are usually mostly occupied trying to figure out how to screw the shareholders. I have supported Michael; Dell since 1986, and i know he only sees me as a small retailer waiting and deserving to be screwed.
Next of course Icahn or several activist investors could zero in on APPLE and teach that board a lesson that shareholders "do matter, and are not baggage". IN fact the baggage is the board of directors whose interests are aligned with management and fellow director and not AT ALL the shareholders that they have the duty to represent.
I add I have a personal ax to grind also. I am a valuation expert in my own industry and have reached the highest level of expertise and qualifications. My expertise is maximizing value. However, I will never be on a board of directors even though maximizing value should be the sworn duty of each board member. In fact value is future benefits mostly long term and not the short term that Wall Street is obsessed with, but personal not shareholder interest is the priority of most board of directors. The British get it, what the appropriate relationship between board and shareholders should be; and are creating laws to guide a more honest path. There are many Wall Street analysts who talk down shareholders rights and interests and actually object to dividends as a sign of weakness- They are likely biased and more likely to be on a public company board and have become self-serving in their observations. A visionary like Steve Jobs would likely not get on a board of a company like Apple but a political animal like Al Gore always will. Does he still lay claim to inventing the internet? Just look at the board bios one can almost guess who plays golf with who. It’s not about shareholders for sure. Sometimes it’s about political correct selection, minorities, political persuasion, but it’s hardly ever about shareholders interests. I hope shareholder activism catches on and we also take a leaf from the British advancement in rules of engagement; with directors for shareholders and not versus shareholders. While waiting for reform or an activist to maximize our voting power, we shareholders, at a minimum, should make sure that any director who does not have shareholder interest at heart gets replaced at the next meeting.

10:49 am March 15, 2013

Keepalowprofile wrote :

I no longer have any interest in Dell. Not as an investor and certainly not as a customer.

There was a time I owned 6 dell products in my home. I have now replaced all Dell products with other names. Dell does not stand behind their warranties. Trying to get help with operating issues was like trying to get milk from a bull.

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